Shopify Is Now Giving Entrepreneurs Cash Advances

Multi-channel commerce platform Shopify announced the launch of Shopify Capital, a new merchant cash advance offering to help entrepreneurs get financing to accelerate business growth. It’s in pilot for now, giving some merchants advances to buy equipment and inventory as…

Square Capital (Square’s Cash Advance Program) Gets Formal Launch

Earlier this year, Square began testing Square Capital, a cash advance program for business owners. On Wednesday, the company formally launched it. There’s no application process with Square Capital, and businesses get their money the next business day, according to…